As at December 31, 2011
| Average Exercise Price | Units | |
| Common shares outstanding | 37,325,940 | |
| Shares issuable under | ||
|
Employee Stock Option Plan |
$0.58 | 2,096,166 |
|
Restricted Stock Units |
51,665 | |
| Fully Diluted Shares Outstanding | 39,473,771 | |
| Cash proceeds from full option exercise | $1,215,776 |